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Multi-Suite Office Building
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22 Great Oaks Blvd, San Jose, CA 95119

Available spaces offer private offices, open work areas, and surface parking for tenants.

Property Size57,312 SF
Price / SF$0.04
Days on Market398

Property Features for 22 Great Oaks Blvd

General Information

Standard status Active
Size 57,312 SF
Property subtype Office

Site & Location

Neighborhood Rancho Santa Teresa
Highway Access Yes

Additional Details

Property Use Office

Building Details

Year Built 1985
Tenancy Multi
Listing Agency: Darnella Real Estate
Listed By: Darnella Aulani · License #01117484
Source: Jpnrealty
Added: Sep 28, 2025 Changed: Oct 28 Last Checked: Oct 28 at 4:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Darnella Real Estate

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Investment Insights

Based on property information with market context.

This multi-tenant office property at 22 Great Oaks Blvd offers several suite configurations. Available spaces include Suites 240/250 at approximately 5,800 square feet, Suite 230 at approximately 2,750 square feet, Suite 270 at approximately 1,800 square feet, and Suite 260 at approximately 1,000 square feet. Suite layouts include private offices and open work areas, with windows bringing natural light into the spaces. The building was constructed in 1985.

Set within Great Oaks Technology Park in South San Jose, the property provides surface parking at no charge. Highways 101 and 85 are accessible from the location.

Key Highlights

  • Available suites range from approximately 1,000 to 5,800 square feet
  • Suites 240/250: approximately 5,800 square feet; Suite 230: approximately 2,750 square feet
  • Suite 270: approximately 1,800 square feet; Suite 260: approximately 1,000 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,016,185
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,323,700 $40.3M
Cap Rate 7%
$28,802,643 $28.8M
Cap Rate 9%
$22,402,056 $22.4M
Market Conditions
NOI Build-Up for 57,312 SF
Gross rent
$3.21M $56.04/SF
− Vacancy
−$523.5K −$9.13/SF
EGI
$2.69M $46.91/SF
− OpEx
−$672.1K −$11.73/SF
NOI
$2.02M $35.18/SF
Area
San Jose, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$40,323,700
Cap Rate 7%
$28,802,643
Cap Rate 9%
$22,402,056

Alternative Uses

Best Use
Office B
$28.80M
$25.20M – $33.60M (±1% cap)
NOI $2,016,185 @ 7.0% cap · market cap 80,647.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$34.61M
$30.29M – $40.38M (±1% cap)
NOI $2,422,873 @ 7.0% cap · market cap 96,914.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Great Oaks Lawyers Law Firm FINEX Group LLC Accounting Firm California Community Opportunities Charitable Organization Grace Bible Church ... Church Angels on Stage Association / Organization

Suggested Use

Top Pick Hair Salon Restaurant Law Firm Auto Repair Shop Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

952
Businesses Nearby

Demographics for 95119, CA

10,050
Population
3,538
Households
2.8
Avg Household Size
39
Median Age
58%
College-Educated
93%
High-School Grad
4.3 sq mi
ZIP Area
2,337
Density / Sq Mi
$164,129
Median Household Income
$82,321
Median Earnings
$2,978
Median Rent
$1,176,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in San Jose, CA

9.8% 2019
12% 2020
13.9% 2021
14.1% 2022
16.3% 2023
16.4% 2024
14.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Available spaces offer private offices, open work areas, and surface parking for tenants.
Where is this office unit located?
The property is located at 22 Great Oaks Blvd San Jose, CA.
What are key features of this property?
This property features: Available suites range from approximately 1,000 to 5,800 square feet; Suites 240/250: approximately 5,800 square feet; Suite 230: approximately 2,750 square feet; Suite 270: approximately 1,800 square feet; Suite 260: approximately 1,000 square feet
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